Merrill Charitable Foundation
- Assets
- $7.9m
- Revenue
- $2.2m
- Investments
- $7.6m
- Employees
- 0
- Location
- Mission, KS
- Founding
- 02/1991
- Data as of
- 12/2023
- EIN
- 48-1088604
Organization Overview
Merrill Charitable Foundation is located in Mission, KS. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merrill Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Merrill Charitable Foundation generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 64.7% each year . All expenses for the organization totaled $320.7k during the year ending 12/2023. While expenses have increased by 31.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Merrill Charitable Foundation has awarded 172 individual grants totaling $1,174,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia U Merrill President/sec/treasurer | 0 | $0 | |
Fred Merrill Jr Director | 0 | $0 | |
Melanie Merrill Thompson Director | 0 | $0 | |
Melinda Merrill Director | 0 | $0 | |
Merrie Merrill Costello Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $160,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,280 |
| Capital Gain Net Income | $44,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193 |
| Total Revenue | $2,205,156 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $74 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $20,741 |
| Contributions, gifts, grants paid | $300,000 |
| Total expenses and disbursements | $320,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,127 |
| Savings and temporary cash investments | $281,420 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,647 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $315,932 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,877,466 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Merrill Charitable Foundation has awarded $300,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
COUNTRY CLUB CHRISTIAN CHURCH PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $40,000 |
CHURCH OF THE RESURRECTION PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $25,000 |
FRANKLIN CENTER PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $10,000 |
HARVESTERS COMMUNITY FOOD NETWORK PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $5,000 |
JDRF KANSAS CITY CHAPTER PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $13,000 |
KANSAS CITY CHORALE PURPOSE: TO HELP SUPPORT THE ORGANIZATION | $1,500 |